June 28, 1989 Cagtlégar News Canadians tighten money belts OTTAWA (CP) — After years of a credit binge, Canadians appear to be putting the brakes on their rate of borrowing, Bank of Canada figures indicate The rate of growth in personal loans by the chartered banks slowed to 8.8 per cent in the first four country’s , adecline from last said Derek Jones, months of this ye year's growth rate, an economist with the Canadian Im perial Bank of Commerce The rate of growth on a seasonally adjusted a: was 14.6 per cent, chartered jal basis tor all of last year figures submitted by the banks to the central bank show We may be in the midst of a change and are seeing the first indications of it,"’ Jones said this week. ‘There's a slowing in the rate of dicating retrenching that may continue growth, in through the rest of this year Comparable figures on residential the banks, a mortgage lending by second indicator of strength of con sumer ‘confidence in ‘onomy shaw only a slight decline, he saic The growth rate by the end of April was 19.3 per cent, compared to 21.2 per cent in 1988 Mortgage lending is still showing strength but there is usually a 60-day lag between changes in the national real estate market and adjustments in mortgage lending, Jones explained. ‘With what we're seeing in the economy, it makes sense that people are slowing their spending and we will likely see a slower rate of growth in mortgages later in the summer The results of an Angus Reid poll in the last week of May indicate Canadians’ confidence in the economy and their personal finances have drop- ped below the level following the Oc tober 1987 global stock market crash SEES PESSIMISM Reid said the results also indicated Canadians have not been as pessimistic about the economy and their own finances since at least 1984 when the economy was to quarters of after-tax proaching a borrowing record reached in 1979 Commenting on the figures, Earl Sweet, an economist with the Royal Bank of Canada, said the country had experienced acredit explosion in recent years, income, ap: Cellie ¢ 4 financial of banking and lending at Royal Trust, said that institution has seen a drop in its volume of mortgage lending, Royal Trust analysts, she said, believe people are postponing home- buying decisions in the expectation that mortgage rates will drop. Several have lowered rates in recent weeks More Royal Trust customers are ap plying for lines of credit, which offer a lower rate of interest. Some institutions, she said, are charging interest of about 13.5 per cent ‘on secured lines of personal credit, compared to 20 per cent on credit car ds “*We have seen a dramatic growth in our personal line of credit business,"” she added Financial institutions are charging interest as high as 18 per cent on con sumer loans BUSINESS DIRECTORY TELEPHONE 365-5210 fT for the Cast News ry be th of July. and d up to 5 p.m. Tuesday, June 27 for the mon- regain momentum following the recession of the early 1980s, National housing starts plunged by nine per cent in May, Canada Mor (gage and Housing Corp. Friday, attributing — the higher interest rates reported decline to and lower con sumer contidence Figures Teleased by, Statistics Canada earlier this year inYicated that Canadians’ rao of total debt to in »se toa record level alysts said the debt level showed erage Canadian owes mortgage onsumer bills equal to three Women becoming investment wise OTTAWA (CP) women inherited blue chip stocks and The days when did no more than stash the certificates away of the past A steady safety deposit boxes are a thing climb in salaries and financial security in recent years has motivated women to search professional for investment opportunies And more investment firms, in cluding U.S.-based Merrill Lynch one of the country’s largest investment companies — are tapping into that growing capital pool Almost 30 per cent of men earned more than $30,000 annually compared to only seven per cent of women, ac cording to the 1986 census, but there are an increasing number of women entering and moving up in high-paying professions Women now make up more than 50 per cent of first-year ’dmissions in Canadian -law schools, it was reported in April, and that percentage is similar in some medical schools A\six-week specialized course on in vesting for women offered by Merrill Lynch provides information on: the securities industry as well as invest ment options such as guaranteed in vestment certificates and bonds and their tax implications. The course costs $95 Obviously, your rate of return is going to be based on how it’s treated for tax said Colle Merrill Lynch purposes, Moorehead, a spokesman Women investors also need infor- mation on how to assess a company’s potential, both in terms of analysing its annual reports and performance on stock markets Moorehead many traditionally household finances. “It makes sense that with that aptitude, women can also handle said women managed or take on a greater role in a family’s investment decisions It's impossible to calculate the ex tent to which women are using] their higher disposable income for invest ments, she said, but firms have seen a jump in the number of women clients Women in this generation are more exposed to financial and investment information than their mothers were and there has also been enormous growth in the diversity of investments field has simply becomes so wide that women, like The financial other investors, are taking part in greater numbers Answer to Sunday Crossword Puzzle No. 371 1 0 — Da} am a2 >} m2 mm Answer to Sunday, June 25 Crypt MYSTERY WRITER REMARKED: YOUR READERS, NOT s |207 3. oq KEEP PARTICIPLES YOUR DAN HERMAN" Brian L. Brown CERTIFIED GENERAL ACCOUNTANT 270 Columbia Avenue Castlegar © 365-2151 Gordon A. Read & Co. Certified General Accountant Office 368-6471 Residence 365-2339 1250 Bay Ave., Trail BUY or SELL by AUCTION picies * Estates © Consig RE UCTION 2067-38 Thrums 399-4793 “Don't go in the kitchen.” Masonry STEEL a Better Way to Build Pre. Carpet Cleaning CLEAN. -SCENS * Most princess aol Gets more deep down soi! thon any other cleaning method * Upholstery Cleaning Too SArecnion GUARANTEED hy not Call Us Today FREE ESTIMATES PHONE 365-6969 HORZON COMPUTERS AND ACCESSORIE GRANT DE WOLF 365-3760 Stee! Buildings = * COMMERCIAL * INDUSTRIAL * AGRICULTURAL For more information, call your-Authorized Garco Builder Midwest Construction Services Ltd. Boi 1633, Creston, B.C. (604) 4283332 J & S ENTERPRISES * BRICK * BLOCK * STONEWORK * GLASS BLOCK vecrve""* 362-9640 Moving & Storage Just Slightly Ahead of Our Time! Call Grant DeWolf, Your Authorized Dea KOOTENAY INFORMATICS Now Has a Full Line of LAZER XT AND LAZER 128s EX South Slocan Junction 359-7755 Earn extra spending money for your summer holiday. The Castlegar News requires carriers for all areas to fill in as summer replacements. IF INTERESTED, MON.-FRI., 8:30 A.M.-5 P.M., 365-7266 $$$ Attention oys and Girls! CALL HEATHER WEST K CONCRETE LTD. PIPELINE PITT ROAD CALL PLANT 693-2430 CASTLEGAR 365-2430 MODERN REFLEXOLOGY - AND FOOTCARE + — 2808 Columbia Ave. = $. Castlegar 365-5121 Williams Moving & Storage 2337-6th Avenue, Castlegar Invite you to call them for o free moving estimate about the many services which have made Williams the most respected name inthe moving business Ph. 365-3328 Collect Mobile Wash Let our representative tell you | Plumbing & Heating Bartle & Gibson The Plumbing & Heating Centre + American Standard * Valley Fibrebarh * Crane* Gull Stream Spas * Duro Pumps & Softeners © PVC Pipe Fittings * Septic Tonks * Electrical & G.E. Lighting Supplies 2317-6th Avenue, Castlegar Phone 365-7702 Radiator Repair Mike’s Radiator Repair & Sales New Location 690 Rossland Ave., Trail Open 8:30 - 5 p.m. Monday-Friday 9:30-2, Saturday Doily Pickup end Delivery in Costieger Phone 364-1606 Alter Hours Emergency or Pickup Call ry. 364-1506; Tim 359-7951 Mike 359-7058 RENTAL APPLIANCES & TV Rent to Own Washers, Dryers, VCRs, TV, Stereos call 365-3388 1008 Columbia Ave., Castlegar Roofing WICKLUM ROOFING CALL LORNE 352-2917 “FREE ESTIMATES | IN THE SPOT PRESSURE WASHER SERVICES * Cars * Trailers * High Windows * Houses * Fences * Driveways 365-609) or 365-6971 Optometrist = L aN ey B.C. O.D. OPTOMETRIST 1012 - 4th St., Castlegar PHONE 365-3361 Tuesday to Friday 9 a.m. to 4:30 p.m Saturday 9.a.m. to 12 Noon CASTLEGAR FUNERAL CHAPEL D & M Painting & Insulation * Blown Insulation * Batts & Poly DUNCAN MORRISON 650-5th Avenue 365-5255 ALL-AYES RESOURCES INC. TD-9 Loader/Dozer Winkie Diamond Drilling Financing Available Phone 365-7081 to kind service COMPLETE FUNERAL SERVICE Cremation, Traditional Burial and Pre-Arrangement Plan Available Granite, Bronze Memorials Cremation Urns and Plaques PHONE 365-3222 tAN MACKIE BONDED LOCKSMITH * Auto * Commercial * Residentiol ALL TYPES OF COMMERCIAL PRINTING * Letterheads * Envelopes * Brochures * Roffle Tickeys Castlegar News 19? Columbie Ave. — 365-7266 Plumbing & Heating SILVER CREST PLUM 713 Tamarack St., Castlegar Call 365-3044 No. 3444 Hwy. 3A South Slocon KRAGH CONSTRUCTION ROOFING * ASPHALT SHINGLES * SAND & GRAVEL * paabinliond TRADESMAN BOX 12: PRurTvaue te DOUG KRAGH 367-9782 ~ ROOFING © Guaranteed Work Fair Prices id Years in arene ree Estimate: JAMES SWANSON ANDSONS , Ph. 367-7680! Seal Coating KOOTENAY SEALCOATING Serving the Kootenays — East & West! * HIGH PRESSURE SEAL COATING * ASHPALT DRIVEWAYS & PARKING AREAS © LINE PAINTING PROTECT CONCRETE & BRICK WITH HI-PRESSURE WATER PROOFING PHONE 365-2635 or 825-4216 Septic Service COLEMAN COUNTRY BOY SERVICE Sump & Septic Tank Pumping Phone 365-5013 3400-4th Avenue Castlegar June 28, 1989 Wanted — 3 or 3 GDRM. house with garage, long term lease. retired couple, reavonable rent. 365-248) WANTED POKER PLAYERS Pastime Club — Upstairs City Centre Square. $10 Buy-in. Table stakes Open 7 p.m. Sun., Tues, THurs, & Fri Phone 365-2216 Help Wanted | RELIABLE babysitter, 4 nights per week 4:20-10 p.m. 2 children 3 ond 6. Kinngird, Betore 4 p.m. 365-706 3 CASTLEGAR TAXI requires drivers with Class‘IV licence. Guaranteed minimum wage, 365.7222 or 1444 Columbia Avenve Work Wanted HANDYMAN experienced in corpentry patio decks, fences, renovations, pain ting in and out, cement work, etc. Very reasonable rates, (senior discount). Lor ne 365-2267 tiny 52 GRASSROOTS GARDENING * Lends * Power Roking * Spro; * Aerating * Pruning * Fer (Shrubs, Hedges, = *_ Turf Fruit Trees) Install Weekly lawn mowing or complete aintenance programs available FREE ESTIMATES 365-8434 WATERPROOF your sundeck. For tree estimates H&H Fiberglass. 365-5837 /359. 7345, 649 CONCRETE PROJECT? SPECIALIZING IN: * FLOORS * FOUNDATIONS ‘* RETAINING WALLS SEs HGzBINES? CALL RALPH BIRD 365-5063 ROOF REPAIR * Quality Work * Exceptional Prices * FREE Estimates CALL JAMES. 365-2241 Experienced Rooter KEN BLACK ROOFING in. Serving ine Kootenays since 19/6 NELSON 352-6399, NEED A KID-FREE WEEKEND or holiday? Willing to babysit weekends or holidays Call me at 365-6646 tin/43 362-5076 Branching Out .. Tree Service Save Time & Money Do it the “WHITE” Way! WHITE CONTRACTING Castlegar * General Excavating * Road Building ¢ Trenching 365-6432 K*TILE*ROCK* CONCRETE. phone 364-2346. thn/41 EXPERIENCED childcare worker and mother will babysit days in my home near downtown Castlegar. Full time or part-time, references available. 365: 6765. 7/47 Electrical Contractor * Hourly and Contract Rates intial © Commercial * industrial CALL PETER LIVINGSTONE 365-6767 ee * RENOVATIONS — Carpentry — Plumbing — Overhead Doors — BOWSER’S SERVICES Phone 365-5948 HANDYMAN electrical plu steps. decks, exterior/interior, light carpentry, B&) Tax Service * Income Tox Returns * Bookkeeping y Service ot BEV CALL 365-7033 1235-3rd Str ‘astlegar THE. PLUMBING HEATING DOCTOR * GAS CONTRACTING * REPAIRS & RENOVATIONS * COMMERCIAL, RESIDENTIAL PLUMBING 24 Hour Emergency Service Ph. 399-4762 The Hot Box Up to 10 words for only $2.49 tor one time, $3 $4.49 for # Ads must placement consecutive e paid tor at time of SHERMAK CONSTRUCTION €O. LTD. ALL TYPES OF GENERAL CARPENTRY Phone 365-2932 MIKE MAKORTOFF 1989 750 SHADOW, needs some work, $1300 0.b.0. 399-4114 GE STOVE. gio 1976 Ford %%-T sia ob_o. 365. 3/52 NEW DELUXE Kenmore dishwasher and Broilmaster, barbeque. 365-2740. 365. 5831 FOR PARTS: 1974 Toyota Corona Mark $100. 365-8383. 52 1973 CAPRI V6, running. Asking 150 0.b.0. 365-6338. 52 1966 FURY 3 dition. 365-5869. 1972 HOLIDAIRE. 18 $3,000. 365-2277. 1968 IMPALA 5S convertible Needs body work. 365-227 1976 F-150 TRUCK $400. 365-805) 318 engine. Good con 3/52 goodcondition 3/51 $2,500 3/51 3-speed, 6-cylinder 3/51 Small cement mixer. 365. 3/5) WANTED: Set of hydraulic jacks for com per. 365-6823 atter 5 3/51 WANTED: Used snare drum in good con: dition. 365-34 50 1978 »4-TON Camper Special Chev. 365. 43 3/50 SUPERCAB Vanguard comper, 2-100 cc motorcycles, 2 10-speed bikes. 365-7443 3/50 Giveaway 4 GREY KITTENS, 6 weeks old. 365-6195. . 3/5) iF you have an item youd like to giveaway, please drop us a line or 365-2212. We Ht run your ad tor 3 issues free of charge. 11/25 ONE PART Manx. long-tailed black and white kitten. 365-3643. 3/50 4 FLUFFY KITTENS. 399-4396 TWO KITTENS, 7-weeks old, 1 Calico, | grey-tabby, tree box of kitten chow in cluded. 365-6988. 3/50 ADORABLE KITTENS, 2-months-old Long-haired part Persian. 365-7014. 3/50 ONE FEMALE calico cot, spayed and shots. 2-years-old. 365-8077 3/52 3/51 BEAGLE cross-puppies S-weeks old 365-7805 after 6 p.m. 3/52 12-YEAR-OLD will mow lawns or do odd jobs. South Castlegar location. 365. 2989, ask for Charlie EXPERIENCED 16-year-old will — preterably in 377: 51 13-YEAR-OLD boy looking for odd jobs. lawn mowing, yard work, etc, 365-3630 ask for Peter 3/51 \ THE COMPANY Forsite Consultants Lid. Arm, 8. THE POSITIONS will also be considered. camp work THE PERSONS healthy and self-motivated valid drivers licence 31,1989 Apply in contidence 1. MR. FORSITE CONSULTANTS LTD. .O. BOX 2079 SALMON ARM, B.C. VIE ORSITE CONSULTANTS LTD. _/ FOREST TECHNICIAN isa diversified consulting firm based in Salmon which provides’a tull range of technical and protessional ser vices to the forestry sector in the southern interior ot B We have openings for tul}-time technicians with at least |-year of ex erience in silviculture surveys. Applicants with other forestry experience These positions will involve travel with some The successful applicants will have t Forestry Technician Diploma or equivalent certification in Silviculture Surveys will be a definite asset Wages will commensurate with experience. Resume VAN PAYER, PERSONNEL MANAGER following qualifications will be accepted until July Student Placement PAINTING: 17-year-old student, willing to paint houses, rooms, etc. Call Andrew at 365-6056 WEED @ job? High school and students may offer their servi this category. Drops line or phone th Action Ad number at 365-2212, We will tun your editor 3 issues ef nocherge in/43 14.YEAR-OLD STUDENT willing to do odd jobs, bobysitting, yordwork, etc, Call 365-2375 ask for Kirk tin/0} college ‘under ODB-JOB-LAD — 13-year-old looking to do yacdwork, etc, Call 365-2375 ask tor Dave tin/01 Share-a-Ride school trips, weekly shopping. Cut expenses and save. money. Get together with your neighbour in our FREE Share-A-Ride column. We'll run you ad for 3 issues of charge. Phone our Ac tion Line 365-2212 tin/25 ROBSON, very friendly Golden Retriever, answers to Moses. Please call 365-8267 oF 365-7366 3/22 HEARING AD: Tuesday, June 20, 365- 5962. 52 ONE Motorola Spirit pager, approx June 6. It found please phone 365-2617 3/50 Found LEFT BEHIND ot Robson Pool, after Ap: Preciation Picnic on Sunday, June 25 various towels, T-shirts and 1 pair sunglosses. Owners may claim by calling 365-3670 or 365-3121 3/52 SET OF KEYS at Bank of Commerce Owner may claim by identifying. 268, 3325 .HONDA key at Robson Hall Sond evening, tag has initial R. 365-3836. 3/50 UMBRELLA-TYPE baby stroller left at garage sale below’ Selkirk College on June 17. Owner may claim at Castlegar News. 2/51 TOUND items are not charged for. if you've found something, phone the Ac tion Ad number 365-2212 anytime during business hours. We'll run the ad 3 issues free of charge tn/43 Business Oppor. EARN what you want to earn. Be on Avon. Sales Dealer. The greater your success, the higher your reward and the prouder you will feel! Please call Charlene 365-2497 tor on appointment 7/48 PROFESSIONAL soles and marketing team required tor a manufacturing water filtration company. NEW TO CANADA. Product oriented, fully residential and commercial line. Com: plete training. For. confidential inter view, call 365-6495. 7 Notices OPEN HOUSE at Senior Citizens Hall from 2 to 4 p.m., July 2, 1989 for Peg and Charlie King on their 50th wedding an niversary. Everyone welcome. No gifts by request. 3/51 DANCE BANDS and mobile disco available for any type of engagement. | 362-7795 ttn 65 Notices nl House Zuckerberg Island Pork open 7 doys CASTUEGAR RAIL STATION, Mon.-Sat, 8 m. -5 p.m. For further information, phone 365-6440 tin/43 Personal STEPHAN V, please call 421-1096. We are having a child. Love, Tinachuk, 3/51 ALCOHOLICS anonymous and Al-Anon. Phone 365-3663 104/71, MAY the Sacred, 1 of praised, adored and throughout the world fore Say 6 times daily tor 9 days r promise publication? Your pr deous be d PHILIP and CHERYL Calderbank of Rob son cre pleased to announce the birth of Terence Philip born-10:51 a.m., June 20, 7 Ibs., 14 District Hospital Proud grandparents are Albert and Ida Calderbank of Castlegar. Special thanks to Dr. Keith Mérritt and the staff of the Castlegar and District Hospital $2 In Memoriam IN MEMORY of William W. Wishlolf, who passed away, July 1, 1964 Remembrance is a golden chain Death tries to break, but all in vain To have, to love, ond then to part Is the greatest sorrow of one's heart The years may wipe out many things But this they wipe out never The memory of those happy doys When we were all together Fondly remembered by the tamily. | /52 CANADIAN CANCER SOCIETY. In memoriam donations. Information Box 3292, Castlegar. 365-5167 104/17 THE B.C. HEART FOUNDATION accepts with gratitude “In Memoriam” donations which help promote Heart Research. Cards sent to néxt-of-kin, Box 3023 Castlegar, B.C ticularly those who helped and advised me during the recent Area “J” election. Thank you sincerely, KEN WYLLIE Planning a Wedding? We Sell Distinctive Invitations, Napkins etc COME SEE US AT Castlegar News 197 Columbio Ave. RESIDENTIAL PAINTING — FREE ESTIMATES — FALCON PAINTING DECORATING 365-3563 ® INSURED ® LICENCED ¢ CERTIFIED FOR SALE BY OWNER Modern 1,465 sq.ft., 4 bdrm. family home on 130'x84" lot in Blueberry. Many features include: Central Air, finished up and down, 25'x15' shop. A must see! Offers to $64,000. For appointment to view call 365- 5854. —, At Prices You'll Like! DOD STEEL RADIAL ALL SEASON TIRES Ss4S '$ 55/80R13 A $4984 i| Full Service Warranty H KAL "MAX" OIL, LUBE & FILTER | Batteries o $16°° |'73"PYAY Most Cors . $735 geosee 4 st PYAR ALOE New Ranger Supercab 4x4 2.9 Wire EF! engine. v4, mirrors, tach, ‘sil S-epeed, manual O10 trans. aeingewey ing reer window, AM/FM slereo. radioiciock, cloth seats, pv. quarter windows, tear slop bumper Reg. Price "18,826 THIS WEEK'S SPECIAL DISCOUNT PRICE deluxe tu-tone metallic paint Stock #0003 $16,269 is Save *2557* -no trade price 1989 F150 4x4 S.C. A.M. Ford Special Discount 2, 00 F eering THIS WEEK’S SPECIAL PRICE Custom 3 Reg. Price *25,004 Ford Discount Minus Cash Back 519, aoe > “400; A.M. FORD LEASE TO OWN PLAN gee 300 Month Total pd. $1472] "a Fons F150 *349 Totel Pd. 8167529 | Tote! Pa. 819152 Best Selection in the Kootenay Over 130 New and Over 60 Used Vehicles to choose from “0” $’s DOWN. . “0” PAYMENTS UNTIL SEPT. 20 *300 Cash Back on Tempo and Topaz ° *500 Cash Back on F Series Trucks 1987 TEMPO LX All wheel drive, auto., 4 cyl., air cond., p/locks. kms., cassette 1979 CHEVY 4x2 Short box, auto., air cond., piwindows, p/locks, canopy, cloth seat 1986 TERCEL S/w 4 door, 4 cyl., automatic, stereo, “A a A. TRAIL B. c. LP PII SP IIE ay Ns 1984 NISSAN King cab, auto., cassette, matching canopy, rear jump seats, ° 96,000 kms. 1987 TEMPO GL 4 door, auto., p.s., p.b., air cond., 29,000 kms 1987 CHEV SCOOTER 4 cylinder, 5-speed, remaining warranty radio, 1987. TOPAZ 2 door, air cond., cassette, pllocks, 5-spd., nose bra, clean 1987 HYUNDAI Excel, 4 cyl., 5-spd., cass., sunroof, clock, 57,000 kms. 1981 TOYOTA P/U 4 cyl., std., built-in utility box, 60 miles, excellent for small contractor 1980 F150 4x2 Auto., p.8., p.b., radio 1980 BUICK 4 door, 6 cyl., auto., air, cond, cassette, sunroof 1986 BRONCO li Full load, tutone brown, tilt, plwindows, p/iocks, crul air, cassette, privacy glass, runing boards, 6 cyl., Full trans. ESP warranty Dealer #7336 2795 Highway Drive Toll Free ovrer-town 1-800-663-4966 1 cca 364-0202 Hrs. Mon.-Fri. 8:00-8:00; Sat. 8:00-5:00